"Global Business Value" Team Lowers Costs for SMB Customers
Through Industry-Specific Solutions, Based on J.D. Edwards 5 and IBM

e-business on demand Solutions

In order to help small and medium sized businesses (SMB) operate
in a more responsive, flexible and efficient way, J.D. Edwards
(Nasdaq:
JDEC) and IBM today announced two new offerings created by
the companies combined Global Business Value team.

The Global Business Value team is a set of dedicated professional
resources from both companies who will define, launch and direct the
implementation of integrated, low total cost of ownership solutions
that address the unique challenges facing customers in the SMB market.
This team will deliver integrated consulting and industry templates,
software and hardware, hosting, utility capabilities and other
options, such as financing to minimize the upfront costs of entry.

SMB customers are feeling the pressure grow revenue, reduce
inventory levels and to take costs out of their supply chain. To
address these business needs the first solutions from this joint
effort include Automotive for SMB and J.D. Edwards WorldSoftware(TM)
Conversion for SMB. These solutions are built around J.D. Edwards 5
applications that leverage IBM's open standards-based on demand
operating environment.

"Small and medium sized businesses need more than plain vanilla
applications that fail to address specific business and industry
needs," said Les Wyatt, senior vice president and chief marketing
officer of J.D. Edwards. "The Global Business Value team combines the
strengths of J.D. Edwards 5 ERP, SCM and CRM software with IBM
Business Consulting Services and IBM's on demand architecture to
deliver the right solutions at the right price point for this market."

"IBM is pleased to be teaming with J.D. Edwards to deliver
solutions that will help SMB customers become on demand business,"
said Marc Lautenbach, general manager of Global Small and Medium
Business, IBM. "Our companies have both devoted a significant amount
of time talking with SMB customers to understand their unique needs.
These solutions will allow these enterprises to be more responsive,
flexible and resilient; all attributes they told us were important for
them."

The first two integrated offerings from the Global Business Value
team are:

Automotive for SMB

To help mid-sized auto parts suppliers be more responsive to their
customer's demands and show they can be an efficient part of the
supply chain, IBM and J.D Edwards have created a fully hosted solution
which makes standardized automotive business processes available in an
affordable hosted model.

The solution enables flexible supplier collaboration and improved
cost management. Built on J.D Edwards 5 ERP applications it will be
hosted by IBM in one of its secure datacenters. IBM Business
Consulting Services will provide customers with implementation
assistance.

The solution will be available in 4Q03 to customers in North and
South America.

J.D. Edwards WorldSoftware Conversion for SMB

J.D. Edwards WorldSoftware customers have been waiting for
industry solutions that provide compelling value propositions based on
J.D. Edwards 5 ERP applications. Transition costs, new technologies
and conversions risks have all dampened the benefits of moving forward
to J.D. Edwards' newest software suites.

For existing WorldSoftware customers, the Global Business Value
team will help companies convert to the rich functionality in J.D.
Edwards 5 ERP while minimizing conversion costs with a pre-configured
offering. This offering will include options for hosting from IBM, and
J.D. Edwards conversion toolkits to reduce transition risks and costs.
The pre-configured offering saves installation time and setup for
customers while ensuring that installation is done correctly.
Alternatively, customers will be able to leverage integrated technical
platform solutions to reduce solution deployment and development
should hosting not be a viable alternative.

Additional key markets, offerings and programs are scheduled to be
announced in the coming months.

About Quest, J.D. Edwards Users Group

Quest, J.D. Edwards Users Group, is the independent user group
serving the J.D. Edwards community. With members in more than 50
countries and three regional/continental chapters serving Africa,
Asia, and Australia & New Zealand, Quest's mission is to maximize
value to the global J.D. Edwards community. Quest fosters
collaboration and communication by providing opportunities to network,
knowledge share and influence future software development through
special interest groups, Q&A magazine, conferences, regional and local
user outreach, the QuestDirect website and Infocast collaboration
tool. Quest presents regional user conferences throughout the world,
as well as Quest Global Conference (formerly known as FOCUS), which
draws nearly 8,000 members of the J.D. Edwards community worldwide.
For more information about Quest, call 1.800.225.0517 (North America)
or +1 859.226.4307, visit
www.questdirect.org or e-mail
Email Contact.

About Quest Global User Conference 2003

Quest Global Conference (formerly known as FOCUS), is the highly
successful annual conference and vendor showcase presented by Quest,
an independent organization of J.D. Edwards users, in partnership with
J.D. Edwards. Quest Global Conference draws nearly 8,000 members of
the J.D. Edwards user community worldwide to Denver each June for four
days of networking, knowledge sharing, educational/professional
development opportunities, and technology innovations. For more
information, call 1.800.225.0517 (North America) or +1 859.226.4307,
visit
www.questdirect.org or e-mail
Email Contact.

About J.D. Edwards & Company

J.D. Edwards (Nasdaq:
JDEC) makes customers stronger, enabling
them to solve their most important business challenges. The company
designs, develops and markets collaborative enterprise software and
consulting, education and support services. J.D. Edwards' offerings
are differentiated by a deeply ingrained attitude of listening to
customers, innovating on their behalf, and delivering solutions as
part of a results-oriented relationship. Founded in 1977 and
headquartered in Denver, Colo., J.D. Edwards focuses on long-term
business partnerships and helping its 6,700 customers in more than 110
countries manage their business processes, supply chains, enterprise
assets, and supplier and customer relationships. For more information:
www.jdedwards.com or 1-800-727-5333.

On June 2, 2003, J.D. Edwards announced that it had entered into a
merger agreement with PeopleSoft, Inc., under which J.D. Edwards'
business and PeopleSoft's will be merged, and J.D. Edwards will become
a wholly owned subsidiary of PeopleSoft. The transaction is
anticipated to close in the late third or early fourth calendar
quarter. The transaction is subject to regulatory review, approval by
the respective companies' stockholders and other customary conditions.

The materials contained herein are summary in nature, subject to
change, and intended for general information only. These materials
reflect current plans for future software or enhancements that may
require additional license fees to obtain, and do not represent a
commitment by J.D. Edwards to develop or deliver such software or
enhancements.

J.D. Edwards(R) is a registered trademark of J.D. Edwards &
Company. JDE(TM) is a trademark of J.D. Edwards & Company. J.D.
Edwards 5 is a trademark of J.D. Edwards World Source Company. The
names of all products and services of J.D. Edwards used herein are
trademarks or registered trademarks of J.D. Edwards World Source
Company. All other product names used herein are trademarks or
registered trademarks of their respective owners. Copyright (R) J.D.
Edwards World Source Company 2003.